HAMILTON COUNTY AREA NEIGHBORHOOD DEVELOPMENT INC (EIN 320080849) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ANDREA DAVIS

Phone

3176748108

Tax Period

2023-01-01 to 2023-12-31

HAMILTON COUNTY AREA NEIGHBORHOOD DEVELOPMENT INC, founded in 2003, is a community nonprofit in the Housing & Shelter sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 43% operating margin.

Mission

BE A LEADER IN PROMOTING PROSPERITY AND DIVERSITY IN OUR COMMUNITIES BY PROVIDING QUALITY HOUSING SOLUTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,539,595

Program Service Revenue $806,713

Investment Income $63,415

Other Revenue $80,901

TOTAL REVENUE $3,490,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $460,519

Fundraising Expenses $0

Program Expenses $1,627,232

Other Expenses $1,532,342

TOTAL EXPENSES $1,992,861

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,490,624	$2,420,036	+0.4%
Expenses	$1,992,861	$1,177,175	+0.7%
Net Income	$1,497,763	$1,242,861	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK SURAK	PRESIDENT	3.00	Officer Director	$0	$0	$0
KERT TOLER	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ANNE MCKINLEY	SECRETARY	3.00	Officer Director	$0	$0	$0
JASON BAINTER	TREASURER	3.00	Officer Director	$0	$0	$0
BRITTANY HEIDENREICH	FORMER PRESIDENT	1.00	Director	$0	$0	$0
M E BARWACZ	DIRECTOR	1.00	Director	$0	$0	$0
EMILY BARRY	DIRECTOR	1.00	Director	$0	$0	$0
KEITH BROADNAX	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN DEINES	DIRECTOR	1.00	Director	$0	$0	$0
BILL GOSSARD	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN GUYNN	DIRECTOR	1.00	Director	$0	$0	$0
AM SANDERS	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,490,624	$1,992,861	$17,876,756	$1,497,763
2022	$2,420,036	$1,177,175	$14,843,219	$1,242,861
2021	$2,220,714	$1,326,655	$13,954,467	$894,059
2020	$1,382,706	$1,279,399	$12,498,132	$103,307
2019	$952,155	$1,018,137	$12,158,716	$-65,982
2018	$2,928,896	$835,933	$12,054,157	$2,092,963

HAMILTON COUNTY AREA NEIGHBORHOOD DEVELOPMENT INC